CVRT vs GLDB
Comparison between Calamos Convertible Equity Alternative ETF (CVRT, ETF) and IDX ALTERNATIVE FIAT ETF (GLDB, ETF).
CVRT vs GLDB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CVRT
$33M
GLDB
$33M
Expense Ratio
Winner
CVRT
0.69%
GLDB
0.96%
Max Drawdown
Winner
CVRT
21.13%
GLDB
38.30%
Sharpe Ratio
Winner
CVRT
1.57
GLDB
-0.69
5Y Beta
Winner
CVRT
1.02
GLDB
1.52
CVRT vs GLDB - Historical Returns
Returns include dividend reinvestment.
1M
CVRT
-7.89%
Winner
GLDB
-2.50%
3M
Winner
CVRT
+3.01%
GLDB
-17.74%
6M
Winner
CVRT
+18.93%
GLDB
-27.04%
1Y
CVRT
+47.02%
GLDB
N/A
Max(CAGR)
Winner
CVRT
+30.04%
GLDB
-26.49%
CVRT vs GLDB - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | CVRT | GLDB |
|---|---|---|
| 2026 | +24.97% | -19.13% |
| 2025 | +29.40% | -3.51% |
| 2024 | +16.12% | N/A |
| 2023 | +11.01% | N/A |
CVRT vs GLDB Drawdown Comparison
The maximum drawdown for CVRT was -20.71%, occurring on Apr 8, 2025. Recovery took 149 trading sessions.
The maximum drawdown for GLDB was -38.30%, occurring on Jun 24, 2026. This drawdown has not yet recovered.
The current CVRT drawdown is -10.15%. The current GLDB drawdown is -34.30%.
| Rank | CVRT | GLDB |
|---|---|---|
| #1 | -20.71% Nov 29, 2024 - Jul 9, 2025 | -38.30% Jan 28, 2026 - Jun 24, 2026 |
| #2 | -12.63% Jun 2, 2026 - Jul 16, 2026 | -11.88% Oct 24, 2025 - Dec 26, 2025 |
| #3 | -9.41% Jul 16, 2024 - Sep 19, 2024 | -4.64% Dec 26, 2025 - Jan 5, 2026 |
| #4 | -8.60% Feb 25, 2026 - Apr 8, 2026 | -2.47% Jan 6, 2026 - Jan 12, 2026 |
| #5 | -8.52% Oct 11, 2023 - Nov 29, 2023 | -2.46% Jan 14, 2026 - Jan 23, 2026 |
| #6 | -7.97% Mar 27, 2024 - Jul 16, 2024 | N/A |
| #7 | -7.52% Nov 10, 2025 - Dec 10, 2025 | N/A |
| #8 | -6.24% Feb 12, 2024 - Mar 4, 2024 | N/A |
| #9 | -6.16% May 11, 2026 - May 29, 2026 | N/A |
| #10 | -5.22% Jan 28, 2026 - Feb 6, 2026 | N/A |
| #11 | -5.02% Dec 26, 2023 - Feb 9, 2024 | N/A |
| #12 | -4.73% Dec 11, 2025 - Jan 5, 2026 | N/A |
| #13 | -4.05% Oct 15, 2025 - Oct 27, 2025 | N/A |
| #14 | -3.21% Nov 3, 2025 - Nov 10, 2025 | N/A |
| #15 | -3.09% Jul 17, 2025 - Aug 22, 2025 | N/A |
Correlation
Correlation between CVRT and GLDB is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
-0.60
-101
Dividend Comparison (2023 - 2026)
CVRT vs GLDB dividend yield comparison.
| Year | CVRT | GLDB |
|---|---|---|
| 2026 | 0.59% | 0.00% |
| 2025 | 1.68% | 0.19% |
| 2024 | 1.49% | 0.00% |
| 2023 | 0.32% | 0.00% |
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